Business Owners Policy (BOP) in South Gate, CA
A business owner’s policy (BOP) combines several essential types of business insurance into one convenient package. It is a practical insurance solution designed to help small and mid-sized businesses in California manage their most common risks.
What Does a BOP Cover?
A BOP typically includes the following:
- Property insurance may cover your building, equipment, inventory and other physical assets against losses from fire, theft, vandalism and severe weather.
- General liability insurance may cover third-party claims of bodily injury, property damage and personal and advertising injury. Coverage may include medical treatments and repair costs for third parties, as well as your legal defense fees.
- Business interruption insurance may help with lost income and ongoing expenses if your business must close temporarily due to a covered event.
Who Qualifies for a BOP?
BOP insurance is designed for small and mid-sized businesses that meet certain criteria. Insurers usually consider factors such as industry, number of employees, annual revenue and type of operations when deciding if a business qualifies for a BOP. While eligibility can vary, businesses that typically qualify include:
- Retail stores
- Offices and professional services
- Restaurants and cafes
- Wholesalers and distributors
- Many other local businesses
How Much Can I Expect for Coverage?
BOP prices often vary depending on the business, location, risk, coverage amounts and other variables. Speak to an insurance agent from Best Deal Insurance Agency to help you compare quotes.
Get Started Today
Contact Best Deal Insurance Agency to learn more about business owner’s policies. Visit our contact page to get started.